Resources for Plan Sponsors
Commentary by Mike Barry
President, Plan Advisory Services Group
BNY Mellon Asset Servicing is pleased to bring you the thoughts and comments of the Plan Advisory Services Group. The views expressed in the articles below (and any articles and materials prepared by the Plan Advisory Services Group and linked to the articles below) are those of the Plan Advisory Services Group which is not affiliated with BNY Mellon.
| May 13, 2013 | DOL considering "lifetime income" illustration requirements for DC benefit statements |
| May 2, 2013 | Second Circuit limits "presumption of prudence" in stock drop cases |
| April 24, 2013 | PBGC proposes using "sponsor financial soundness" as test for waiver in re-proposed reportable events regulation |
| April 17, 2013 | Analysis of the effect of the 28 percent "deduction cap" |
| April 12, 2013 | Retirement benefits provisions of Administration 2014 budget |
| April 10, 2013 | Emerging issue: regulation of rollovers |
| April 5, 2013 | Tatum v. R. J. Reynolds Tobacco Company |
| March 28, 2013 | Current pension legislative outlook – entitlement reform and retirement benefits |
| March 20, 2013 | The multiemployer plan crisis |
| March 13, 2013 | DB 2013 — trends in interest rates and de-risking |
| March 5, 2013 | DOL publishes target date fund fiduciary "tips" |
| February 19, 2013 | The amount and timing of DB contributions |
| February 12, 2013 | The tax value of 401(k) plans to lower paid 401(k) plan participants |
| January 22, 2013 | Possible effect of budget crises on retirement plans |
| January 14, 2013 | The retirement policy agenda |
| January 3, 2013 | Current pension regulatory outlook: "Fiscal Cliff" legislation and retirement benefits |
| December 18, 2012 | Tax policy and retirement savings from the participant's point of view — a summary |
| December 11, 2012 | Impact of Affordable Care Act tax increases on participants |
| December 11, 2012 | The fiscal cliff, "caps on deductions" and retirement savings |
| November 19, 2012 | GAO report supports PBGC risked-based premiums that take into account financial condition of sponsor |
| November 19, 2012 | PBGC releases 2012 annual report showing significant increase in its deficit |
| November 13, 2012 | Current pension regulatory outlook — the impact on retirement plan taxpayer/participants of alternative approaches to the "fiscal cliff" |
| November 7, 2012 | PBGC's deficit and PBGC premiums |
| November 5, 2012 | PBGC variable premium vs. borrow-and-fund |
| October 22, 2012 | The impact on retirement plan taxpayer/participants of tax credit proposals |
| October 16, 2012 | Current pension regulatory outlook — consequences of the election |
| September 25, 2012 | The impact on retirement plan taxpayer/participants of changes in tax policy |
| September 13, 2012 | IRS issues MAP-21 interest rate guidance |
| September 5, 2012 | Impact of the decline in interest rates — 2012 vs. 2013 interest rates and lump sums |
| September 4, 2012 | Implications of MAP-21 for DB plan finance |
| August 20, 2012 | IRS issues MAP-21 segment rates |
| August 14, 2012 | Current pension legislative outlook — August 2012 |
| August 1, 2012 | MAP-21 interest stabilization and benefit restrictions |
| July 20, 2012 | The impact of the decline in interest rates on DC plans |
| July 2, 2012 | Congress passes DB funding relief, increase in PBGC premiums |
| June 25, 2012 | The impact of decreases in interest rates on DB plans |
| June 18, 2012 | Questioning the efficiency of the 401(k) system |
| May 29, 2012 | Comprehensive tax reform and the fairness of the current 401(k) system |
| May 21, 2012 | Retirement savings tax incentives and the data |
| May 14, 2012 | DOL issues additional fee disclosure guidance |
| April 27, 2012 | Tussey v. ABB |
| April 19, 2012 | Retirement policy — the issues presented by voluntary plans |
| April 6, 2012 | Update on pension accounting |
| March 26, 2012 | Senate passes highway bill with DB funding relief |
| March 19, 2012 | Retirement policy at the firm level |
| March 12, 2012 | Retirement policy — fundamental issues |
| March 5, 2012 | Congressman Neal introduces comprehensive retirement savings legislation |
| February 29, 2012 | Administration provides guidance on annuities |
| February 27, 2012 | Fee disclosure outline |
| February 22, 2012 | Current pension legislative outlook — February 2012 |
| February 8, 2012 | DOL finalizes provider-to-sponsor fee disclosure rules — detailed review |
| February 8, 2012 | DOL finally finalizes provider-to-sponsor fee disclosure rules — highlights |
| January 24, 2012 | CFTC publishes final business conduct standards rule |
| January 18, 2012 | CFTC announces it intends to ease business conduct standards |
| January 5, 2012 | Current pension legislative outlook — reviewing 2011 — looking forward to 2012 |
| December 12, 2011 | Technical Release 2011-03R (revised Technical Release 2011-03) and DOL policy on electronic disclosure generally |
| November 28, 2011 | Current pension legislative outlook, November 2011 |
| November 22, 2011 | Differing views on the "fairness" and effectiveness of 401(k) retirement savings incentives |
| October 26, 2011 | DOL finalizes advice regulation |
| October 17, 2011 | October 2011 current pension legislative outlook |
| October 5, 2011 | A new re-definition of "fiduciary" under ERISA |
| September 26, 2011 | Tax reform and retirement savings |
| September 19, 2011 | DOL provides guidance on electronic delivery of participant fee disclosures |
| September 6, 2011 | Cash balance plans as a design option — Part 2, why cash balance plans may not be the ideal plan design solution |
| August 29, 2011 | Cash balance plans as a design option — Part 1, the "positive case" |
| August 4, 2011 | Current pension legislative outlook — August 2011 |
| July 18, 2011 | De-risking DB plans — cashing out terminated vesteds |
| July 8, 2011 | IASB finalizes new DB accounting rule |
| June 30, 2011 | GAO report on QSERPs |
| June 1, 2011 | Supreme Court decision in Cigna Corp. v. Amara |
| May 16, 2011 | Bidwell v. University Medical Center — court finds no issue with negative election in connection with 2008 QDIA-related transfer |
| May 12, 2011 | GAO report — who benefits from retirement plan tax incentives? |
| April 28, 2011 | Pensions and the budget |
| April 7, 2011 | Possible PBGC premium increase |
| March 23, 2011 | GAO report on target date funds |
| March 16, 2011 | GAO report on 401(k) plan conflicts of interest |
| March 1, 2011 | Current pension legislative outlook |
| February 15, 2011 | CFTC proposes rule on swaps clearing |
| February 2, 2011 | CFTC/SEC propose rule defining major swap participants |
| January 28, 2011 | CFTC proposes business conduct rules |
| January 21, 2011 | 112th Congress: who's who |
| January 12, 2011 | Current pension legislative outlook — reviewing 2010 — looking forward to 2011 |
The information, analyses and opinions set out herein are for general information only and are not intended to provide specific advice or recommendations for any individual or entity. Nothing herein constitutes or should be construed as a legal opinion or advice. You should consult your own attorney, accountant, financial or tax advisor or other planner or consultant with regard to your own situation or that of any entity which you represent or advise.
Information set out or referred to above has been obtained from sources believed to be reliable. However, neither Plan Advisory Services nor any of its affiliates has verified the accuracy or completeness of any such information. Neither Plan Advisory Services nor any of its affiliates shall have any liability for any use of the information set out or referred to herein.
